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6.4

Good: Fast, and Secure

Bad: Doesn't Accept Cash, No Bitcoin Debit Card

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What is BlockChain?

BlockChain is an online bitcoin wallet. It works by providing current rates, values of the different currencies, and allows you to buy and sell bitcoins, so you can use the virtual currency. It is an online virtual site, meaning there is no paperwork, and meaning you do not have to wait a lengthy process, in order to purchase and sell. If you use online currencies often, it is a great site for you to visit to find the current rate, to find the trends, and to purchase bitcoins, so you can use them for the online purchases that you make.

• Offers currency rates and stats.
• It is not as navigable as other bitcoin sites you can work with.
• Wallet allows you to purchase and sell.
• You see the current rates, so you are always aware of how much the value is of the bitcoin, versus other currencies online.

Charts

The BlockChain site is great, because it allows you to view bitcoins, in comparison to other online currencies and values. You can choose from a variety of charts to view, and different information that is relevant to what you are doing online, if you are looking to buy or sell, and want to ensure you are always getting the best rate for the online virtual currency. You can look at charts in the form of market capitalization or the bitcoins which are currently in circulation. You can also view total transaction fees, number of transactions, bitcoin addresses used, and more. Not only do you have access to all information on the dash, you are also going to be able to see the current trends, values, rates, and all other relevant information about the online virtual currency, when you visit the charts tab on the home page of the BlockChain site.

Stats

You also have the stats section, which is going to provide you with the most up to date information on the bitcoin market. Not only values, but also recent trades and purchases, addresses they were purchased and sold from, and what you can do to find the best rate if you are going to buy. You also see the market price, comparison prices, and the going rate, so you know what the latest values are, and so you always know what to look for in the market, when you are dealing with the online virtual currency broker site.

My wallet

On BlockChain, you can sign up for my wallet, which is free of charge. You will set up your wallet, add funds, and are then able to purchase and sell bitcoins, and other online currencies, on the site. There are no fees, which is often the case with other bitcoin wallet sites. This means you can make as many transactions (up to the limits), without having to worry about any fees, or paying a penalty, if you are doing more on a certain day, in comparison to other days of the month. If you are new to bitcoin, the wallet also allows you to try out a demo account. What this is going to do, is it is going to allow you to learn how the site works, how bitcoins work, and how online virtual currencies work in general. So, if you are brand new to this, or if you simply would like to learn a bit more, prior to putting your money in to the site, you are going to be able to do so when you visit the my wallet section, and sign up for a free demo or for your own free account with BlockChain.

Overall

This BlockChain site is more informational, than anything. It provides you with recent trends, values, charts, and information that you need, in order to know what is going on in the virtual online currency world. Further, it is going to provide you the latest values, so you know you are getting a great deal. If you are new to bitcoins, or if you simply want to have the most up to date information when buying, selling, or trading, the BlockChain site is a great one to visit, and to get the most up to date information that is available to you.